Happy Mid-week; stocks still within ranges (down but not too bad yesterday + today's futures upbeat)
Retail stocks lead selloff on Wall St. after earnings Reuters India - May 20, 2014 NEW YORK (Reuters) - U.S. stocks fell in a broad selloff on Tuesday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies.
- Fed minutes to focus on rate-hike timing USA TODAY - an hour ago It's all about timing on Wall Street. The timing of interest rate hikes by the Federal Reserve, to be precise. As expected, when the Fed met in late April, it cut its bond purchases to $45 billion a month.
- Gold bar and coin demand slumps to 4-year low Demand for gold bars and coins slowed dramatically in the first quarter an industry report showed on Tuesday. CNBC
- Dennis Gartman: A correction is coming A divergence in the Dow, Russell and Nasdaq indices is cause for concern in the S&P 500, Dennis Gartman says.